p2x on Nostr: Right now with fiat money 80% of the world’s wealth is in the hands of 10% of the ...
Right now with fiat money 80% of the world’s wealth is in the hands of 10% of the population and 1% of if is in the hands of 50% of the population.
Aren’t you concerned that the same happens with BTC?
What would be the impact on the stability of the currency?
What would be the impact on the blockchain?
Bear with me I have not yet read the good books. I will. But some questions just crossed my mind.
What’s going to happen once all 21M BTC are mined?
People are just going to exchange #bitcoin between themselves and exchange value for value using lightning and do swaps?
What [factors] is going to make the BTC price fluctuate then?
Will the blockchain system consume as much energy at that time?
3 months into the rabbit hole. Looking forward to my first #bitcoin meetup next week 🥹
Published at
2023-05-04 07:59:34Event JSON
{
"id": "7dc480fee10bb6d46831d614b258198d6a0e87cfed539406fc08e3078c6b28bb",
"pubkey": "41eeaea1075c8ea7f041e0370f96cdc4b03ae84b73c2e5925bc6878d0d9532e7",
"created_at": 1683187174,
"kind": 1,
"tags": [
[
"q",
"285cb6892f50a2c7fb7ae10f7501bf21cee87004a2bbca250a8206058654663a"
]
],
"content": "Right now with fiat money 80% of the world’s wealth is in the hands of 10% of the population and 1% of if is in the hands of 50% of the population.\n\nAren’t you concerned that the same happens with BTC?\n\nWhat would be the impact on the stability of the currency?\n\nWhat would be the impact on the blockchain? nostr:note19pwtdzf02z3v07m6uy8h2qdly88wsuqy52au5fg2sgrqtpj5vcaq09yum8",
"sig": "b0757dcf09cb3b2cee47d35f35c212c1e31fa02038272de65667fb92bc3344d0012e83bff4ffd07a49fb2217f86e9d9d10dad6174bff62b1e8bde9d05539c10b"
}